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View Full Version : QE3 Adds to Hong Kong Asset Bubble Risks, HKMA's Chan Says - Bloomberg



NewsWhore
09-14-2012, 01:50 AM
QE3 Adds to Hong Kong Asset Bubble Risks, HKMA's Chan Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHp4FwI9n8yh5woNPwLjwwUm5HPMw&url=http://www.bloomberg.com/news/2012-09-14/qe3-adds-to-asset-bubble-risks-for-hong-kong-hkma-s-chan-says.html)
Bloomberg
The city's government has had to tweak demand and supply through additional property transaction taxes, higher mortgage down payments and by releasing more land to developers as Hong Kong's currency peg to the U.S. dollar pushed borrowing costs to a ...

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